We are traders and have purchased a laptop for business use with GST invoice. E way bill also has been created by supplier. Can we claim ITC? If yes can it be claimed in one instalment?
Shankar Sharma (505 Points)
10 June 2022We are traders and have purchased a laptop for business use with GST invoice. E way bill also has been created by supplier. Can we claim ITC? If yes can it be claimed in one instalment?
CA Puja Sharma
(Chartered Accountant)
(4969 Points)
Replied 10 June 2022
Yes, you can claim the ITC.
prasad Nilugal
( GST Practitioner & Accounts )
(14526 Points)
Replied 10 June 2022
Shubham Moondra
(8 Points)
Replied 10 June 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 11 June 2022
Eswar Reddy S
(CFO- at NHTF)
(58259 Points)
Replied 12 June 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 13 June 2022
Shankar Sharma
(505 Points)
Replied 14 June 2022
@ Rashmi. I think during VAT regime ITC on capital goods was allowed to be claimed in installments.
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 14 June 2022
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